Smart Technology Forward X Completed 250 Million RMB Round C Financing

According to media reports on March 23, smart technology forward x, an autonomous robot technology platform, has completed a 250 million RMB round C round of financing, and the investor is CDH investment (leading investment).

It is understood that forward x is committed to building a robot brain in the AI era and using deep learning to rebuild robots. At present, the output products include enterprise level logistics cooperation robot and consumer level intelligent follow-up luggage, which has gradually established a stable and reliable production supply chain, and is occupying the fast-growing user market in the world. According to incomplete statistics, smart technology forward X's field of intelligent hardware has a total of 9 financing this year.

According to the media, this round of investor CDH investment was established in 2002 and is one of the top alternative asset management institutions in China. As of December 2016, the scale of funds under management reached 120 billion yuan. CDH investment, formerly the direct investment department of China International Finance Co., Ltd., was founded by Wu Shangzhi, Jiao Zhen and other six founders together with Singapore government direct investment Co., Ltd., China Investment Guarantee Co., Ltd. and Zurich Insurance Capital Group. CDH investment originated from private equity investment business. The vigorous development of private equity investment business promotes the establishment of CDH investment alternative asset management platform.